HUANZE

Overseas company knowledge base

──Jul 27 , 2021Does a registered Hong Kong company have to pay tax in Hong Kong for all its business operations in the mainland?

Registered Hong Kong companyWhether Hong Kong companies need to pay tax in Hong Kong depends on whether Hong Kong companies with no property under their names are subject to profits tax. Profits tax of Hong Kong companies is based on the principle of increasing profits from the source of profits of Hong Kong companies.

ifRegistered Hong Kong companyThe business operation is in the mainland, but some trade with local enterprises in Hong Kong, or the business is obtained through Hong Kong exhibitions and other resources are occupied in Hong Kong. Such business needs to pay taxes in Hong Kong.

ifRegistered Hong Kong companyIf the profits are not generated locally in Hong Kong and do not occupy resources in Hong Kong, then the business of the Hong Kong company is offshore and does not need to pay tax to the Hong Kong government. Although this situation does not have to pay tax, but must declare. Filing taxes and paying taxes are different concepts.

SoRegistered Hong Kong companyWhen doing business, care should be taken to keep all the information of the whole business process, so as to distinguish whether the Hong Kong company's business is onshore or offshore, and whether it pays tax or not.

Does a registered Hong Kong company have to pay tax in Hong Kong for all its business operations in the mainland?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

BACK
PREV

Account handling of registered Hong Kong company account and personal account

NEXT

What are the advantages of registering a Hong Kong company?